Saylor Calls For Crypto Taxonomy To Clarify US Rules

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Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital security or commodity. 

“My opinion is it would be beneficial to the market if they nail down the digital assets taxonomy,” Saylor said during Strategy’s second-quarter earnings call on Thursday.  

“Under what circumstances can you tokenize a security? What’s a digital security? If they can clarify a digital commodity, what’s an asset without an issuer versus a…



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Saylor Calls For Crypto Taxonomy To Clarify US Rules



Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital security or commodity. 

“My opinion is it would be beneficial to the market if they nail down the digital assets taxonomy,” Saylor said during Strategy’s second-quarter earnings call on Thursday.  

“Under what circumstances can you tokenize a security? What’s a digital security? If they can clarify a digital commodity, what’s an asset without an issuer versus a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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